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Trump to host tech CEOs over dinner for inaugural event in renovated Rose Garden

cnbc.com Dylan Butts 2025-10-17 06:48:12

U.S. President Donald Trump and first lady Melania Trump walk to the Rose Garden of the White House to hold a signing ceremony for the Take it Down Act, in Washington, D.C., U.S., May 19, 2025. U.S. President Trump will host two dozen high-profile tech and business leaders for an inaugural event in the White House's renovated Rose Garden on Thursday. Invitees include Meta founder Mark Zuckerberg, Apple CEO Tim Cook, Microsoft founder Bill Gates and OpenAI founder Sam Altman, according to a lis

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Venezuela Claims Trump’s Video of Strike Against Suspected Drug Smugglers Is AI

gizmodo.com Matt Novak 2025-10-17 11:10:04

President Donald Trump announced Tuesday that his government had conducted a “kinetic strike” against suspected drug smugglers from Venezuela in a boat traveling in the Caribbean. The strike killed 11 people, according to Trump, and he claims they were all gang members. None of those points has been confirmed, and drug smuggling is not a capital offense, making Trump’s strike almost certainly illegal under international law. But Venezuela had a rather interesting reply. A government minister is

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Newsmax Sues Fox News for Having a ‘Monopoly’ on Right-Wing News

gizmodo.com Lucas Ropek 2025-10-17 15:50:21

Conservative news broadcaster Newsmax is suing Fox News, accusing its fellow right-wing network of having engaged in anti-competitive practices. In an antitrust lawsuit filed in Florida this week, Newsmax accuses Fox of abusing its position at the top of the rightwing media food chain to keep out smaller competitors—namely, itself. “Fox Corporation has long engaged in an exclusionary scheme to increase and maintain its dominance in the market for U.S. right-leaning pay TV news, resulting in su

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Why the US government is taking a stake in Intel

techcrunch.com Rebecca Szkutak 2025-10-18 07:22:36

The Trump administration wants the United States to be the dominant force when it comes to artificial intelligence, and one way the administration hopes to achieve primacy is by bringing semiconductor manufacturing back to the U.S. To help with that transition, President Donald Trump has introduced potential chip tariffs and policies in recent months meant to bring more semiconductor manufacturing stateside. In late August, the Trump administration took an unprecedented step toward that goal w

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Sen. Rand Paul blasts Trump's stake in Intel as 'a step towards socialism'

cnbc.com Ashley Capoot 2025-10-18 19:00:10

Sen. Rand Paul (R-Ky.) on Wednesday criticized the Trump administration's decision to take a 10% stake in embattled chipmaker Intel , calling the investment "a step towards socialism." Intel announced last month that the U.S. government made an $8.9 billion investment in Intel common stock, purchasing 433.3 million shares at a price of $20.47 per share, giving it a 10% stake in the company. Intel noted that the price the government paid was a discount to the current market price. Rand said gov

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Ousted Democratic FTC commissioner can return (again) for now

theverge.com Lauren Feiner 2025-10-19 15:19:51

is a senior policy reporter at The Verge, covering the intersection of Silicon Valley and Capitol Hill. She spent 5 years covering tech policy at CNBC, writing about antitrust, privacy, and content moderation reform. Posts from this author will be added to your daily email digest and your homepage feed. Rebecca Kelly Slaughter, the Democratic Federal Trade Commissioner fired by President Donald Trump without cause, can at least temporarily return to work while her legal case plays out. This h

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Trump Blames AI for Weird Video of Stuff Being Tossed Out White House Window

gizmodo.com Matt Novak 2025-10-19 23:00:36

A very strange video appearing to show large objects being thrown out of a window at the White House went viral over Labor Day weekend. President Donald Trump was asked about it during a press conference on Tuesday, and he insisted it must be AI. Curiously, White House staff told Time magazine it was just regular maintenance. The video appears to have been first posted to Instagram on Aug. 31 by an account called WashingtonianProbs. “One of our community members noticed some things being throw

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Google Won’t Have to Sell Chrome Browser After All (But There’s a Catch)

gizmodo.com Matt Novak 2025-10-19 23:35:42

A federal judge ruled in a high-profile antitrust case against Google on Tuesday with some good news and bad news for the tech giant. The good news for Google is that it won’t have to sell off its Chrome browser, which was a very real possibility. Google’s stock soared in after hours trading on the news. The bad news for Google was that it will be required to share data with its rivals and can’t sign many of the exclusive contracts that helped the company become so dominant in the industry. Th

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EU Gets Cold Feet Over Google Fine, Fears Potential Trump Backlash

gizmodo.com Bruce Gil 2025-10-20 03:00:58

The European Union has put plans to fine Google on hold. The commission in charge of doling out punishment for digital infractions is reportedly worried that fining the U.S. tech giant for allegedly abusing its dominance in online advertising could provoke U.S. President Donald Trump. Bloomberg and Reuters reported, citing unnamed sources, that E.U. officials had planned to announce the antitrust sanction on Monday; however, that deadline came and went without an announcement. The Commission h

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Trump is moving Space Command to Alabama

theverge.com Emma Roth 2025-10-20 07:44:24

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. President Donald Trump is moving US Space Command’s headquarters from Colorado to Alabama, he announced during a press conference on Tuesday. The change reverses former President Joe Biden’s 2023 decision to leave it in Colorado Springs, where its temporary head

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AI’s ‘Zoom and Enhance’ Is Bullshit

gizmodo.com Matt Novak 2025-10-20 10:55:04

Speculation about Donald Trump’s declining health was running rampant on social media over the holiday weekend as Americans wondered whether the president was actually on his deathbed. Some people even turned to AI tools in an effort to get a better look at grainy photos of Trump, who seemed to only be captured in blurry images like Bigfoot in the wild. But using AI like that is a complete waste of time. The AI only confused people because these “enhancements” can’t actually give you a more hon

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The Winklevoss Twins Are Eyeing $2.22 Billion Crypto IPO

gizmodo.com Ece Yildirim 2025-10-20 11:30:35

The Winklevoss twins are aiming for a $2.22 billion IPO for their cryptocurrency exchange Gemini, the company announced in a press release on Tuesday. Crypto is having a moment thanks to the Trump administration’s lax regulatory policies. Meanwhile, the IPO market is heating up again with splashy debuts from other tech stocks like Chime and Figma. The two factors combined make for a particularly profitable environment for crypto-related stocks and IPOs. When it debuts, Gemini will become the t

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Growing Up on Alcatraz

news.ycombinator.com Richard Faulk 2025-10-22 03:10:27

On a gray May morning — that’s to say a typical San Francisco May morning — in 2014, my mother, my wife, and I convened at Pier 33 to ride to Alcatraz, along with a literal boatload of tourists. But we were on a secret mission. Hours earlier, before leaving the Peninsula, I had opened the box containing my father’s ashes and portioned out perhaps a pint of the coarse, bone-white powder. I’m afraid we hadn’t planned with an eye for ceremony. There were no satin or fine linen sachets; just Ziplo

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Eric Trump Claims His Company Is Mining ‘3% of the World’s Bitcoin Every Single Day’

gizmodo.com Bruce Gil 2025-10-24 15:45:23

Eric Trump, the third child of President Donald Trump, showed up in Hong Kong this week to hawk his latest crypto venture and, according to him, it’s going to the moon. Trump spoke at Hong Kong’s Bitcoin Asia 2025 conference, the first stop in a planned series of crypto events across Asia featuring various Trump family members. At the conference, Trump declared that his family “loves” the crypto community and downplayed concerns about the president’s conflicts of interest with the industry. He

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Elon Musk Hopes to Wriggle His Way Out of Allegations He Duped Twitter Investors

gizmodo.com Bruce Gil 2025-10-25 02:50:48

Elon Musk’s lawyers are seeking to get a lawsuit from the U.S. Securities and Exchange Commission (SEC) against the Tesla CEO and X owner tossed out. The case, filed right before President Donald Trump took office this year, centers on Musk’s purchases of Twitter stock before his eventual takeover of the social network in 2022. The SEC alleges that Musk cheated investors by quietly amassing more than a 5% stake in Twitter without disclosing it within the regulated time frame. By law, once someo

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The Trump family crypto empire looks to Asia: Eric Trump talks Bitcoin in Hong Kong

cnbc.com Dylan Butts 2025-10-26 04:04:36

Eric Trump and Donald Trump Jr during the Bitcoin 2025 conference in Las Vegas, Nevada, US, on Wednesday, May 28, 2025. Bloomberg | Bloomberg | Getty Images Eric Trump said Friday he is certain bitcoin will eventually hit a $1 million valuation as he spoke at a Hong Kong conference, marking the first of a series of Asian crypto events that will feature U.S. President Donald Trump's sons. Speaking at Hong Kong's Bitcoin Asia 2025 conference, Eric Trump discussed his strong involvement in the cry

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Gavin Newsom’s Bizarro-Trump Schtick Gets Even Weirder With a Memecoin

gizmodo.com Matt Novak 2025-10-26 08:55:11

Gavin Newsom, the Democratic governor of California, has spent recent weeks mimicking Donald Trump’s style online. Newsom’s team is filling his social media channels with all-caps screeds and vainglorious pronouncements that sound like the president, even rolling out merchandise like red hats that say “Newsom Was Right About Everything.” The strategy has been polarizing, to say the least, with some people embracing Newsom’s approach as a fun attack on Trump, while others say it’s an unnecessary

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People With Ties to Trump Accused of Carrying Out ‘Covert’ Influence Operations in Greenland

gizmodo.com Lucas Ropek 2025-10-29 07:10:03

Earlier this year, the Trump administration raised eyebrows and inspired scoffs when it announced it wanted to buy Greenland. Since then, the government has ignored the laughs and continued to pursue its stated objective. Now, a new report from a Danish news outlet alleges that multiple Americans with direct ties to Trump have been engaged in covert “influence operations” aimed at Greenlanders. The purpose of these propaganda efforts is to sow division between the Nordic territory and its parent

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Intel details everything that could go wrong with US taking a 10% stake

arstechnica.com Unknown 2025-10-29 19:41:58

Some investors are not happy that Intel agreed to sell the US a 10 percent stake in the company after Donald Trump attacked Intel CEO Lip-Bu Tan with a demand to resign. After Intel accepted the deal at a meeting with the president, it alarmed some investors when Trump boasted that his pressure campaign worked, claiming Tan "walked in wanting to keep his job, and he ended up giving us $10 billion for the United States." "It sets a bad precedent if the president can just take 10 percent of a co

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Trump Weighs in on MAGA’s Latest Online Crisis: The Cracker Barrel Logo

gizmodo.com Lucas Ropek 2025-10-30 22:10:04

The declining restaurant chain Cracker Barrel recently made the unfortunate decision to rebrand its sign, which—if you’ve ever hung out at a strip mall on the side of a freeway—you will probably recognize. The old sign, which we are now being told is “iconic,” previously featured a mascot known as “Uncle Herschel” (based on the store’s founder’s real uncle) and a barrel. The new sign, a study in bland minimalism, nixes both the barrel and Uncle Herschel, replacing them with a vaguely rounded and

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The White House Is Going to Put Government Statistics on the Blockchain (Yeah, We Don’t Know Why Either)

gizmodo.com Matt Novak 2025-10-30 22:20:38

Remember back in 2017 when Bitcoin’s price soared and companies started promising to add everything to the blockchain? It was an embarrassing era, since blockchain technology has very few practical purposes that can’t be solved by a regular, old-school database. But it sounds like the White House just got the memo and wants to usher in the world of 2017 again. President Donald Trump held a televised “cabinet meeting ” at the White House on Tuesday that clocked in at over 3 hours and 15 minutes.

Topics: blockchain just lutnick statistics trump

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AI super PACs, the hottest investment in tech

theverge.com Tina Nguyen 2025-10-31 06:14:09

Posts from this author will be added to your daily email digest and your homepage feed. Hello and welcome to Regulator, a newsletter about the collision between Big Tech and Washington (last week of summer edition). If you enjoy this, consider subscribing to get this newsletter weekly and everything The Verge has to offer. Ever since the US Supreme Court ruled in Citizens United v. FEC that corporations had the right to free speech and therefore could make political donations, American billion

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White House Suggests It’s Coming for Defense Companies Next

gizmodo.com Matt Novak 2025-10-31 18:39:06

The U.S. government took a 10% stake in Intel last week, through a deal that will convert funding from the CHIPS Act into partial ownership of the tech company. But President Donald Trump has much larger plans for his government’s takeover of private industry. At least that’s what Commerce Secretary Howard Lutnick suggested Tuesday during an interview on CNBC. CNBC host Andrew Ross Sorkin asked Lutnick about whether he thought it was “fair for America” that government was now taking control of

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Trump Accuses Other Countries of Making Silicon Valley the ‘Piggy Bank’ of the World

gizmodo.com Bruce Gil 2025-11-01 02:35:46

Tariff-obsessed President Donald Trump is threatening to slap even more tariffs and restrictions on chip exports against countries that implement a digital services tax. In a post on Truth Social, Trump said on Monday that these taxes are “designed to harm, or discriminate against, American Technology” while giving a “complete pass to China’s largest Tech Companies.” A digital services tax is a tax on the revenues that large companies, like Google or Meta, earn from providing digital services.

Topics: digital services tax tech trump

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In the Matter of Lisa Cook

news.ycombinator.com Paul Krugman 2025-11-01 14:06:54

Yesterday Donald Trump said that he had fired Lisa Cook, a member of the Federal Reserve Board of Governors. My wording is advisable: He “said” that he had fired her. I’m not a lawyer, but it seems clear that he does not have the right to summarily fire Fed officials, certainly on tissue-thin allegations of mortgage fraud before she even went to the Fed. Cook has said that she will not resign. So at this point the immediate onus is on Jerome Powell, the Fed chairman. He has the right — I would

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US threatens extra tariffs, export bans, for nations that regulate Big Tech

news.ycombinator.com Simon Sharwood 2025-11-01 23:33:19

+COMMENT US president Donald Trump has threatened to impose extra tariffs on imports from any nation that dares to regulate American technology companies. Trump took to Truth Social on Monday evening to declare “As the President of the United States, I will stand up to Countries that attack our incredible American Tech Companies.” “Digital Taxes, Digital Services Legislation, and Digital Markets Regulations are all designed to harm, or discriminate against, American Technology. They also, outr

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Trump Says China Convinced the World ‘Let’s All Do Magnets’

gizmodo.com Matt Novak 2025-11-02 16:45:44

Donald Trump was all over the place during two press conferences at the White House on Monday, where he rambled about his fascist vision for the country. But there were some points of levity, including when the president tried to explain how China became a leader in rare earth minerals. Or at least that’s what we think he was talking about. “China intelligently went in and they sort of took a monopoly of the world’s magnets,” Trump said. “Nobody needed magnets until they convinced everybody 20

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As Health Questions Swirl, Weird Spot Appears on Trump’s Hand

futurism.com Unknown 2025-11-03 11:08:00

Image by Andrew Caballero-Reynolds / AFP via Getty / Futurism Treatments Over the past few months, a small media circus has ignited after the White House announced that 79-year-old president Donald Trump, who had been photographed with swollen ankles, had been diagnosed with a disorder called chronic venous insufficiency that causes blood to pool in the extremities. Now, amid the increasing scrutiny about those "cankles," it appears the president or his aides are obfuscating another visible ai

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U.S. Government Now ‘Controls’ 10% of Intel, Trump Says

gizmodo.com Matt Novak 2025-11-04 16:31:02

President Donald Trump announced Friday that the U.S. government would be taking a 10% stake in Intel, the struggling U.S.-based chip manufacturer. But the president’s choice of words will definitely raise more than a few eyebrows, especially since the Trump regime has previously said the federal government will have no corporate governance role at the tech company. “It is my Great Honor to report that the United States of America now fully owns and controls 10% of INTEL, a Great American Compa

Topics: 10 america intel lutnick trump

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Trump confirms US government’s 10% stake in Intel, stock climbs [Update: Intel statement]

9to5mac.com Marcus Mendes 2025-11-04 20:19:11

After hinting at it earlier this week, President Trump confirmed today during a World Cup press briefing, that the U.S. government will take a 10% stake in Intel, capping a pretty eventful two-week stretch. Here’s how that happened. A bit of context Two weeks ago, Trump called for Intel CEO Lip-Bu Tan’s resignation due to “highly CONFLICTED” ties with China: before joining Intel, Tan led Cadence Design, a firm that recently pleaded guilty to an investigation by the Justice Department over char

Topics: company deal intel tan trump

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Latest Tech News

Trump to host tech CEOs over dinner for inaugural event in renovated Rose Garden

Venezuela Claims Trump’s Video of Strike Against Suspected Drug Smugglers Is AI

Newsmax Sues Fox News for Having a ‘Monopoly’ on Right-Wing News

Why the US government is taking a stake in Intel

Sen. Rand Paul blasts Trump's stake in Intel as 'a step towards socialism'

Ousted Democratic FTC commissioner can return (again) for now

Trump Blames AI for Weird Video of Stuff Being Tossed Out White House Window

Google Won’t Have to Sell Chrome Browser After All (But There’s a Catch)

EU Gets Cold Feet Over Google Fine, Fears Potential Trump Backlash

Trump is moving Space Command to Alabama

AI’s ‘Zoom and Enhance’ Is Bullshit

The Winklevoss Twins Are Eyeing $2.22 Billion Crypto IPO

Growing Up on Alcatraz

Eric Trump Claims His Company Is Mining ‘3% of the World’s Bitcoin Every Single Day’

Elon Musk Hopes to Wriggle His Way Out of Allegations He Duped Twitter Investors

The Trump family crypto empire looks to Asia: Eric Trump talks Bitcoin in Hong Kong

Gavin Newsom’s Bizarro-Trump Schtick Gets Even Weirder With a Memecoin

People With Ties to Trump Accused of Carrying Out ‘Covert’ Influence Operations in Greenland

Intel details everything that could go wrong with US taking a 10% stake

Trump Weighs in on MAGA’s Latest Online Crisis: The Cracker Barrel Logo

The White House Is Going to Put Government Statistics on the Blockchain (Yeah, We Don’t Know Why Either)

AI super PACs, the hottest investment in tech

White House Suggests It’s Coming for Defense Companies Next

Trump Accuses Other Countries of Making Silicon Valley the ‘Piggy Bank’ of the World

In the Matter of Lisa Cook

US threatens extra tariffs, export bans, for nations that regulate Big Tech

Trump Says China Convinced the World ‘Let’s All Do Magnets’

As Health Questions Swirl, Weird Spot Appears on Trump’s Hand

U.S. Government Now ‘Controls’ 10% of Intel, Trump Says

Trump confirms US government’s 10% stake in Intel, stock climbs [Update: Intel statement]

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